Caspar Weinberger

A gathering of top businessmen took place at the Island Shangri-La recently when Forbes, the journal no aspiring tycoon will admit to not reading, held a cocktail reception to launch an international edition called Forbes Global Business & Finance.

AN extra one billion capitalists equals an extra one billion potential readers - that is an equation that is on the minds of two staunch supporters of capitalism, Christopher 'Kip' Forbes, vice-chairman of Forbes Inc, and Caspar Weinberger, chairman of Forbes.

They are the son of the magazine's long-time chairman and a former US secretary of defence, respectively.

CHINA is storing up arms at an unnecessarily rapid rate at the same time as the United States is hacking back its military resources, posing a real threat to national security, according to former US defence secretary Mr Caspar Weinberger.

MALCOLM Forbes Junior, the billionaire editor-in-chief of US business magazine Forbes, is trying to sell his capitalist bible in China.

The Chinese-language Forbes Zibenjia already sells 35,000 copies without access to the China market, he says, adding that every time a business is started in China it increases people's control over their own lives.